There were some other Inflationary Worry Bros on it too, and I apologize for their omissions here. But Houston and Doog_Bot are my? macro economis monetary policy experts, so I mostly just listen to them.
I never rooted for inflation. But like a 3:59pm sunset, I knew it was coming, eventually.
The real question now, begs, will simply raising interest rates take care of it?
I don’t think so. Too many other systemic issues with supply. Issues that we haven’t endured in the last 45 years. And even then it was just gas and oil.
China is closed for business. Zero covid means zero covid. We are going to have shortages of things of all manner. The only thing that might temper inflation is a crashing economy with deflationary pressure.
I'm kinda in this boat...the idiots in charge will tout inflation moderating while they watch the economy as a whole burn up for a while.
Consumer debt looks brutal with these food and fuel prices...
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Consumer debt looks brutal with these food and fuel prices...
Fuck off.
Dazzler is making a killing.
Racist.